After long time the stock has closed above downward trendline. It has closed with good volume and there is inside buying also. It can be bought at 90 with SL of 84
The trend is an uptrend. I have drawn a parallel channel. In it, the gravitational line is acting as a resistance line. The upper boundary and lower boundary has excess. Price is moving out of the parallel channel creating the excess points. The support points of the parallel channel are buying points .
Greetings Traders, "If you want to know where to place your stop loss, you must know the peaks of Support and Resistance." Price does not move directly upward or downward. It follows a specific pattern to move ahead. Support acts as a base. When the price will move twice or thrice on the support, the next time it might break out. Stop-loss should be below...
Harmonic Pattern, Zone and Round Number 2000. Let it reach this level first then look for buying opportunity. Below 2060 it will reach 2000 easily
Market Facing little bit of resistance at 76 region. If it broke above it , You can see some nice rally near future till 82 to 83 . Below 73.5 This setup is invalid . Let see what will happen . If you have any suggestion for me please let me know .
Trade active! Happy trading ;)
Glenmark has recently came into news because of the medicine it has started to produce for COVID-19. After the correction, its again at a point where buying more stocks is a great choice. Please do your own research before making any decisions.
NTPC go Long if it breaks the resistance of 98. Ist Target - 104 2nd Target - 109 Stop loss - 90.20 Today It has almost 47% delivery
Why Tatamotors is a perfect buy. Check Time frame 5 minutes At line 1, price has pierced the UB band and there is no price action towards the lower band, so if the price breaks the line 1 at 68. 8, its a perfect buy.
HEROMOTOCO (Hero Motocorp Ltd) BUY ABOVE 2460
TVSMOTOR (TVS Motor Company Limited) BUY ABOVE 430
HDFC BUY ABOVE 2208 Rising triangular channel breakout. Buying opportunity above 2208.
DLF BUY ABOVE 186.25 DLF (DLF Ltd) BUY ABOVE 186.25. skewed double bottom and standing in trend line and if trend line broken then BUY can be initiated at around 186.25
ONGC BUY ABOVE 171.5 & SELL BELOW 168